Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
MoveUp, a Belgium-based digital remote care plaform operator, has raised €3.65m ($4.4m) in a funding round backed by multi-university venture fund Qbic. The round was co-led by Karista and White Fund, while Nina Capital, Carevolution and unnamed existing backers also took part. The round will enable MoveUp to further develop its product and accelerate an international expansion. Details about MoveUp’s historic equity financing could not be ascertained, though the European Innovation Council provided €2.7m in grant funding in 2020.
Ampeers Energy, a Germany-based energy grid management software spinout of applied research network Fraunhofer-Society, has attracted an undisclosed sum from Bundesimmobiliengesellschaft, a quasi-governmental company in Austria managing publicly owned property. Ampeers launched in 2019 with a seven-figure sum from Fraunhofer and angel investors.